“…Yoti’s Head of Social Impact, Ken Banks, explained that many charity organizations felt that technological solutions based on smartphones would actually hinder access to services, since many charity recipients will either not have the required hardware or technological literacy to confidently use the new tools.” Yoti has concluded its research on the digital identity needs…
Americans are ready for airport biometrics, suggests new survey research from Acuant. Conducted by Wakefield Research, an online survey of 1,000 US adults found that 84 percent of respondents believed biometric technology would improve the travel experience at the airport. Fifty-nine percent said they think the technology can improve safety, while 56 percent agreed that…
Survey data collected by German market research firm GfK suggests that consumers in the UK are warming to the idea of using biometric payment cards. Based on online polls of 821 cardholders in the country conducted in late May and early June, the research found that 54 percent of respondents said they would get a…
“In Southeast Asia, interview subjects showed an interest in biometric technology for identity verification and preventing fraud, and also pointed out that poor ID management could have serious consequences for individuals’ safety in states where corruption is pronounced.” Yoti is capping off its research project on digital identity in Africa and Southeast Asia with an…
Goode Intelligence is predicting some serious growth for biometric technology in the banking sector. In a new report entitled “Biometrics for Banking: Market & Technology Analysis, Adoption Strategies and Forecasts 2018-2023 – Second Edition,” the market research firm predicts that by the end of 2020, 1.9 billion bank customers around the world will be using…
“At a time when many mobile-focused fingerprint sensor makers have been assessing the fiscal impact of dropping ASPs, the reports offer some much-needed perspective on the big picture.” Another market research firm is pointing to the ongoing ascendancy of the fingerprint sensor market. The latest evidence comes by way of ABI Research. In a report…
“MarketsandMarkets highlights the efforts of NEXT Biometrics, Fingerprint Cards, and IDEX in pioneering these technologies.” While a number of fingerprint sensor specialists have come under intense market pressure over the past year due to shrinking margins in the mobile sector, the overall fingerprint sensor market will continue its upward trajectory over the next several years,…
“The global footprint for biometric-based border automation is expanding as ABC eGates and APC Kiosks have become mainstream and air, land, and sea ports look to increase reliance on these highly successful traveler facilitation solutions.” – Maxine Most, Principal, Acuity Market Intelligence Acuity Market Intelligence is tracking the ascent of automated border control (ABC) and automated…
Apple’s been known to set the trends in consumer mobility, and no greater example is when Apple announced Touch ID in 2013. Following this announcement, a cascading roll out of smartphones around the globe with integrated fingerprint sensors ensued. So much so that fingerprint-based security is now considered standard issue on most devices. So what’s…
The emergence of the Internet of Things presents a huge opportunity for the global security and surveillance sensors market, suggests a new report from Frost & Sullivan. In a statement, the growth consultancy firm announced ‘three big predictions’ for this market: That sensors will form the “physical layer” to IoT-driven machine-to-machine communications; new communication protocols…
The global biometric healthcare market will grow from a value of $2.1 billion last year to $13.9 billion by 2025, according to a new market forecast from Credence Research, Inc. That reflects a CAGR of 22.9 percent for the forecast period. The firm argues that concerns about digital security and fighting fraud are the major…
The global iris recognition market will grow at a CAGR of 21 percent between this year and 2021, according to a new market forecast from Technavio. Entitled, ‘Global Iris Recognition Market 2017-2021’, the report comes amid growing excitement around iris recognition in the mobile sector. Samsung has proven to be a champion of the technology,…
The global healthcare biometrics market will reach a value of $12 billion by 2025, according to a new forecast from Crystal Market Research. Entitled, ‘Healthcare Biometrics Market by Technology, Application, and End User – Global Industry Analysis and Forecast to 2025′, the report points to multiple factors driving this growth. A big one is the…
The automotive biometrics market will reach a value of $969 million by 2023, according to a new report from Goode Intelligence. Entitled, “Biometrics for the Connected Car; Automotive Biometrics Market Analysis & Forecasts 2018-2023”, the report asserts that this value will reflect a CAGR of 96 percent over the forecast period. In a statement announcing…
The educational sector of the global biometrics market is poised to see annual growth of 26 percent between 2017 and 2021, according to a new report from Technavio. Several factors are going to drive this growth. In the APAC region and the GCC countries, biometric technologies are increasingly seen as a part of general infrastructure…
“Proponents of on-device biometric authentication argue that server-side systems are vulnerable to breaches, but Most says these concerns ‘have been sensationalized.’” Cloud-based biometric authentication is emerging as a key trend in digital services, argues a new white paper from Acuity Market Intelligence. The trend will be particularly important for financial services organizations, who ignore it…
While fingerprint recognition has tended to see strong growth and revenues in the past, new biometric modalities like vein, iris, and facial recognition are seeing “strong adoption across industries,” according to Frost & Sullivan TechVision Senior Industry Analyst Swapnadeep Nayak. That’s one of the key findings in Frost & Sullivan’s new report, “Cybersecurity Innovations in…
The global fingerprint biometrics market will grow at a CAGR of almost 12 percent over the next few years, according to a new report from Technavio. The market research firm says that the government sector in particular is showing strong demand for the technology due to the need for strong authentication and to fight crime.…
Biometric technology is increasingly standard fare in digital door lock systems, suggests a new publication by Transparency Market Research. The firm has released a new report looking at the overall ‘Digital Door Lock Systems Market’, in which it asserts that biometric door lock systems accounted for 67 percent of the market last year. In 2025, such…